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  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 7: Internal Control and Cash
  5. Question
    The Steps to Reconcile the Balance of the Bank Statement
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The Steps to Reconcile the Balance of the Bank Statement

Question 63

Question 63

True/False

The steps to reconcile the balance of the bank statement to the adjusted balance include adding outstanding cheques, deposits, and bank service charges to the bank balance.

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